I am still seeing some surprising sale prices and even a bully offer on home on Hugo Ave, near the Junction. The Junction and surrounding area seems to be running red hot and the pent up demand in this now very trendy neighbourhood has yet to wain. The key in this market is to pick your place and know what properties may have some flex. This is where having a good agent who tracks the market closely comes into play. There is no need for a bully offer in this market, I guarantee the buyer of Hugo Ave could have at saved at least $50K by waiting until offer night. Appropriately, when selling in this market, it is now more important then ever to have a good pricing strategy, instead of just hoping for that bully offer.
-Nick Horton, June 10
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